Terry Auto Imports is a regional auto dealership that specializes in selling high-end imported luxury automobiles.
Master budget data and actual results for October are as follows:
		Master budget	Actual Results
Sales (# of cars)		66	78
Sales price per car		$50,000	$45,000
Variable cost per car		$40,000	$40,000
Fixed costs		$250,000	$250,000
Terry Auto has 5 summer trainees (Call them A, B, C, D and E). Each has calculated the sales volume variance
and sales price variance for October. Who is right? Select ONE statement.

A.

Sales volume variance		Sales Price Variance
$390,000	Favorable	$120,000	Unfavorable

B.

Sales volume variance		Sales Price Variance
$120,000	Favorable	$390,000	Unfavorable

C.

Sales volume variance		Sales Price Variance
$600,000	Favorable	$390,000	Unfavorable

D.

Sales volume variance		Sales Price Variance
$390,000	Favorable	$600,000	Unfavorable

E.

Sales volume variance		Sales Price Variance
$390,000	Unfavorable	$120,000	Favorable